Coinbase to sponsor NBA team in aftermath of FTX collapse
FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded. Go to Source
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Robinhood launches US presidential elections bets for Harris and Trump
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024. Go to Source
OpenAI’s ‘AGI Readiness’ chief quits — ‘I want to be less biased’
Miles Brundage says neither OpenAI nor the world are ready for artificial general intelligence. Go to Source
Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report
The Guillemot family and Tencent would likely take the company private if the deal happens. Go to Source
After Friend.tech’s failure, SocialFi must ‘cross the chasm’ to succeed
In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next. Go to Source
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also … Read more
Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether. Go to Source
Ford, Toyota double down on blockchain as driverless car tech stagnates
The automakers led the field in blockchain technology patent filings for Q2 2024. Go to Source
Crypto Biz: US regulators crack down on Uniswap
This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan. Go to Source
Could centralization be the silent killer of AI and cloud innovation?
Explore the risks of centralization in cloud computing and AI and discover how decentralized models are changing the landscape for innovation and independence. Go to Source